Enzyme Finance Team • May 10, 22
Maple Finance Comes to Enzyme!
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Create a Coinbase account to buy and sell Enzyme and start your crypto journey!
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Enzyme is on the decline this week. ↘
The price of Enzyme has increased by 0.29% in the last hour and decreased by 1.22% in the past 24 hours. Enzyme’s price has also fallen by 0.86% in the past week. The current price is £5.05 per MLN with a 24-hour trading volume of £5.35M. Currently, Enzyme is valued at 97.44% below its all time high of £197.80. This all-time high was the highest price paid for Enzyme since its launch.
The current circulating supply of Enzyme is 2,991,678.247 MLN which means that Enzyme has as total market cap of £15,143,402.72.
Market cap
£15,143,402.72
Popularity
#784
Circulating
£2,991,678.25
Max Supply
£3,000,838.23
Hold time
Not enough data
Past performance is not a reliable indicator of future results. Learn more about asset risks.
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
Volume (24h)
£5,346,849.28
↘ 3.43%
Volume (30D)
£152,163,932.24
Volume (7D)
£26,949,821.84
Past performance is not a reliable indicator of future results. Learn more about asset risks.
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
MLN is an Ethereum token that powers Enzyme (formerly known as Melon Protocol). Enzyme is a global infrastructure enabling businesses and institutions to develop tokenized products and financial strategies through Vault-as-a-Service platforms and Financial Instruments protocols. MLN powers the Enzyme infrastructure, serving as the native token to facilitate payments across vault operations and the full investment lifecycle.
Enzyme launched on Coinbase on June 10, 2021 at 8:03 PM
Networks and tags
asset-management
defi
binance-listing
Enzyme, powered by the MLN token, is a digital asset management platform that strives to streamline the management of digital assets. It provides a unified, on-chain system that allows access to digital assets and DeFi from a single application. Enzyme aims to reduce operational risks associated with managing crypto and DeFi assets without purpose-built smart-contract permissions and controls. It provides a robust suite of programmable risk management and governance tools to protect assets. Enzyme also maintains sophisticated on-chain data pipelines, ensuring data is auditable and trustworthy, promoting a future based on transparency and auditability.
Enzyme operates through a system of vaults, each representing a unique portfolio with its own strategy, asset allocation, and investment goals. Users can create multiple vaults and customize each one according to their preferences. Enzyme provides tools for managing and monitoring these portfolios, including performance metrics and detailed reporting. Users can track the performance of their assets and make informed decisions about how to manage their portfolios over time. Enzyme also provides real-time reporting and performance dashboards with key performance and risk metrics, and reports that provide provable data on all transactions at any point in history.
Enzyme has a wide range of potential use cases. For instance, it can be used for treasury management, allowing organizations to manage their treasury transparently. It can also be used to set up an on-chain DeFi fund, with Enzyme taking care of all fund operations and administration using smart-contract automation. Additionally, users can build their own indexes in minutes and have them rebalance automatically on-chain or off-chain. Enzyme also allows anyone to build, scale, and monetize investment strategies using the protocol's non-custodial Vaults. These strategies can span the spectrum from traditional discretionary allocators to DeFi-native combinations of any of the primitives with which Enzyme integrates.
Enzyme, formerly known as the Melon Protocol, was initially developed by the private company Melonport. After the dissolution of Melonport, the protocol was transferred to the Enzyme Council. The protocol has been on the mainnet since February 2019 and was the first DeFi protocol to decentralize its governance. Enzyme v2, a completely re-architected protocol with modularity and extensibility at the core of its design, was launched to the mainnet in January 2021. The Enzyme token, MLN, is used to access the MLN network and incentivize developers to build on Enzyme.
We update our Enzyme to GBP currency in real-time. Get the live price of Enzyme on Coinbase.
The current market cap of Enzyme is £15.14M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Enzyme is £197.80. This all-time high is highest price paid for Enzyme since it was launched.
Over the last 24 hours, the trading volume of Enzyme is £5.35M.
Assets that have a similar market cap to Enzyme include Agoras: Tau Net, RAMP, Unicorn Fart Dust, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Enzyme is 3 million.
Enzyme ranks 208 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Currently, 63% of Coinbase users are buying Enzyme. In other words, 63% of Coinbase customers have increased their net position in Enzyme over the past 24 hours through trading.
Yes, Enzyme is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Enzyme guide.
Date | Price | Change |
---|---|---|
Today (July 6, 2025) | £5.05 | -1.22% |
24 hours ago (July 5, 2025) | £5.10 | -1.22% |
1 week ago (June 29, 2025) | £5.14 | -0.86% |
1 month ago (June 6, 2025) | £5.94 | -14.18% |
1 year ago | £15.41 | -65.04% |
Earn free crypto after making your first purchase. Terms apply.
Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Conversion Table
1 Enzyme (MLN) to Real (BRL)
R$37.41
1 Enzyme (MLN) to Nigerian Naira (NGN)
NGN 10,556.79
Enzyme Finance Team • May 10, 22
Maple Finance Comes to Enzyme!
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Enzyme Finance Team • May 09, 22
Enzyme V3 vs V4: Why should you upgrade your vault?
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Enzyme Finance Team • May 06, 22
A Call to Managers Building Uniswap v3 Strategies!
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Enzyme Finance Team • Apr 27, 22
How to build, scale and enhance index performance using DeFi composability on Enzyme
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Enzyme Finance Team • Apr 20, 22
Enzyme User-Representative (EUR) Elections Coming Up
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Enzyme Finance Team • Mar 22, 22
Enzyme’s Polygon deployment is now live!
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This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.